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Which 'statement' note would you own?

ajaanajaan Posts: 18,066 ✭✭✭✭✭
in U.S. & World Currency Forum

I have no US banknotes in my collection. If you were to buy just one note to have in your collection, price ~$1000, which note would you choose? I'm thinking a colorful/historic note.


DPOTD-3
'Emancipate yourselves from mental slavery'

CU #3245 B.N.A. #428


Don

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    coinkatcoinkat Posts: 24,600 ✭✭✭✭✭

    In the process of deciding, you may want to think about the condition of the note that might interest you. I write this mainly because earlier large notes in a higher grade can go for $$$. I was going suggest an 1896 $1 Education note, but even these have become quite pricey in EF. Another possibility might be a Large National from a Bank from a town that is important to you. There are some that are still quite affordable in a high grade. Good luck with the search. You just might find the perfect note when you least expect it.

    Experience the World through Numismatics...it's more than you can imagine.

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    ajaanajaan Posts: 18,066 ✭✭✭✭✭

    @coinkat said:
    In the process of deciding, you may want to think about the condition of the note that might interest you. I write this mainly because earlier large notes in a higher grade can go for $$$. I was going suggest an 1896 $1 Education note, but even these have become quite pricey in EF. Another possibility might be a Large National from a Bank from a town that is important to you. There are some that are still quite affordable in a high grade. Good luck with the search. You just might find the perfect note when you least expect it.

    Being an ex teacher, the Education note interests me. Are these known to be counterfeited? I looked on eBay and the prices seem to be all over the place.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    coinkatcoinkat Posts: 24,600 ✭✭✭✭✭

    Don't know if they were counterfeited. Condition is a huge factor

    Experience the World through Numismatics...it's more than you can imagine.

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    coinkatcoinkat Posts: 24,600 ✭✭✭✭✭

    I just took a quick look on Ebay... prices are driven/dictated by condition, and it looks as if prices have escalated

    Experience the World through Numismatics...it's more than you can imagine.

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    ajaanajaan Posts: 18,066 ✭✭✭✭✭
    edited October 30, 2026 1:01PM

    Curious to see what this one goes for.

    https://www.ebay.com/itm/307242775410?_skw=1896+educational+note&itmmeta=01M676QGHKHNDFTY5G3HTB4N6J&hash=item478918b372:g:PgsAAeSw2khq2Q75&itmprp=enc:AQALAAAA0CHNgUiiE/jQhlDTaMiAde+s56/FXSbdFwfklQdML7NySEgKozN9xowmMpnv65HnSED3SPaP5lDKDmo9fkm9ArxCXsYOY4Dk0qU12+1K+Mq7cEtlrrcXw65XbYjlqjbs5jWncBFXe83DHoyBeonJOER0ddKab/kWZINF/ww/5XjslG+NPw65d1sn8KcpUrw7KlyDg6AS0OuD6A7v3q5KjlaMbbo+nw9wP0Y7kcR0vsv9qPr2Z2KskB29B6MrAq212JAyTfq+srRPvTw3UwzzNbU=|tkp:Bk9SR56J3uaxaA


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    ChoppyChoppy Posts: 67 ✭✭✭

    I love the 1896 $1 Education note. I was fortunate to snag a VF30 EPQ specimen for just over $1000.

    Another note that you might consider is the 1899 $5 Indian Chief / Oncpapa note. A nice example will cost more than $1000, but not a whole lot more.

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    ajaanajaan Posts: 18,066 ✭✭✭✭✭

    @Choppy said:
    I love the 1896 $1 Education note. I was fortunate to snag a VF30 EPQ specimen for just over $1000.

    Another note that you might consider is the 1899 $5 Indian Chief / Oncpapa note. A nice example will cost more than $1000, but not a whole lot more.

    Please excuse my ignorance, what is EPQ?


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    ChoppyChoppy Posts: 67 ✭✭✭

    @ajaan said:
    Please excuse my ignorance, what is EPQ?

    No problem! "EPQ" is a designation that the PMG grading company gives to some high quality notes, and it means "Exceptional Paper Quality".

    Our host, PCGS, has a very similar designation "PPQ" which means "Premium Paper Quality". Here's the PCGS web page explaining how they determine whether or not a note gets a PPQ designation:

    https://www.pcgs.com/banknote/grades

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    ajaanajaan Posts: 18,066 ✭✭✭✭✭

    @Choppy said:

    @ajaan said:
    Please excuse my ignorance, what is EPQ?

    No problem! "EPQ" is a designation that the PMG grading company gives to some high quality notes, and it means "Exceptional Paper Quality".

    Our host, PCGS, has a very similar designation "PPQ" which means "Premium Paper Quality". Here's the PCGS web page explaining how they determine whether or not a note gets a PPQ designation:

    https://www.pcgs.com/banknote/grades

    Thanks.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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